Mathematics · Interest
The difference between the compound interest (when interest is compounded annually) and the simple interest on Rs. 10,000 deposited at a 5% rate of interest per annum for 2 years is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 50
- 2Rs. 25✓
- 3Rs. 15
- 4Rs. 35
Correct answer
Rs. 25
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